Britvic plc (the “Company”) announces vesting on 23 June 2024 of awards over the Company’s ordinary shares of 20 pence per share (“Shares”) made on 6 September 2023 under the Company’s Restricted Share Plan (“RSP”) to the Executive Director, pursuant to her agreement on replacement awards at her commencement.
Details of the number of Shares under the RSP that vested in respect of Executive Director is as follows:
Name of Executive Director
Position
Number of Shares vested
Number of Shares sold 1
Rebecca Napier
Executive Director
24,841
11,717
As a result of the above transactions, the interests of the above Executive Director and their connected persons in the Company’s Shares (excluding interests as a potential beneficiary of the Company’s Employee Benefit Trusts) are as follows:
Name
Number of Shares
Name of Connected Person
Number of Shares
Total Shares
Percentage of Issued Share Capital
Rebecca Napier
13,124
n/a
0
13,124
0.000%
Notes
The participant sold the number of shares stated to cover liabilities for income tax and national insurance contributions arising on vesting in addition to dealing costs.The sale was made on 24 June 2024 at a price of 1,176.20 pence per Share.
This notification is made in accordance with DTR 3.1.4R(1)(a) of the FCA’s Disclosure Guidance and Transparency Rules.
The attached notifications, made in accordance with Article 19(3) of the EU Market Abuse Regulation, provide further information.
Mollie Stoker
Company Secretary
Details of the person discharging managerial responsibilities/person closely associated
(a)
Name
Rebecca Napier
Reason for the notification
(a)
Position/status
Chief Financial Officer, Executive Director
(b)
Initial notification/Amendment
Initial notification
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
(a)
Name
Britvic plc
(b)
LEI
635400L3NVMYD4BVCI53
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
(a)
Description of the financial instrument, type of instrument
Identification code
Ordinary shares of 20 pence each
ISIN: GB00B0N8QD54
(b)
Nature of the transaction
Sale of Shares to cover tax liabilities and dealing costs
(c)
Price(s) and volume(s)
Price(s)
£11.762
Volume(s)
11,717
(d)
Aggregated information
Aggregated volume
Price
11,717
£137,815.35
(e)
Date and time of the transaction
24 June 2024
(f)
Place of the transaction
London Stock Exchange, Main Market (XLON)
Details of the person discharging managerial responsibilities/person closely associated
(a)
Name
Rebecca Napier
Reason for the notification
(a)
Position/status
Chief Financial Officer, Executive Director
(b)
Initial notification/Amendment
Initial notification
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
(a)
Name
Britvic plc
(b)
LEI
635400L3NVMYD4BVCI53
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
(a)
Description of the financial instrument, type of instrument
Identification code
Ordinary shares of 20 pence each
ISIN: GB00B0N8QD54
(b)
Nature of the transaction
Vesting of shares under the Britvic 2023 Restricted Share Plan
(c)
Price(s) and volume(s)
Price(s)
£0
Volume(s)
24,841
(d)
Aggregated information
Aggregated volume
Price
n/a
£0
(e)
Date and time of the transaction
24 June 2024
(f)
Place of the transaction
London Stock Exchange, Main Market (XLON)
Dissemination of a Regulatory Announcement, transmitted by EQS Group.
The issuer is solely responsible for the content of this announcement.
ISIN:
GB00B0N8QD54
Category Code:
DSH
TIDM:
BVIC
LEI Code:
635400L3NVMYD4BVCI53
OAM Categories:
3.1. Additional regulated information required to be disclosed under the laws of a Member State
Britvic plc is a United Kingdom-based soft drinks company. The Company operates in the soft drinks manufacturing and distribution industry. Its range of drinks include Barley water, family favorites, fruit creations, others. It operates through five segments: GB, Brazil, Ireland, France and International. The GB segment include its operations in the United Kingdom excluding Northern Ireland. In Great Britain, its brands include Robinsons, J2O, Fruit Shoot, R Whites and Purdeys. The Ireland segment includes its operations in Republic of Ireland and Northern Ireland. In Ireland, its portfolio includes brands, such as Ballygowan, MiWadi, Club, TK and Cidona. In France, the Company operates private label syrups business, and its brands include Teisseire, Pressade and Moulin de Valdonne brands. In Brazil, it supplies liquid concentrates. Its brands in Brazil include Maguary, Bela Ischia and Dafruta. The International segment includes branded flavored concentrates.